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20121108
20121116
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CNBC 3
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
KCSMMHZ
Nov 9, 2012 6:00am PST
. >>> two major japanese automakers, toyota motor and mazda motor, are expanding their business alliance this time abroad. they have agreed to produce a toyota brand car at mazda's plant in mexico. the companies have announced that they will make 50,000 subcompact cars a year at a plant mazda is now building in central mexico. production is scheduled to begin around the summer of 2015. toyota plans to sell the cars in north america. a new design based on mazda's demio model will be used for this new car. toyota will pay for part of the necessary production equipment and also shoulder some development costs. with the agreement, toyota aims to strengthen its lum in north america. mazda on its part is hoping to ramp up production efficiency at the new plant and improve its profitability. the two firms had earlier joined hands to produce a hybrid car in japan. >>> japanese steelmakers have reported sharp profit declines in their first half of their business year. that's due to flagging overseas demand and increasing competition from china and south korea. three steel companies said that alth
CNBC
Nov 14, 2012 4:00am EST
. the evening for her. toyota has announced another massive global recall. speaking of the challenges for japanese companies, it's the second for the company in less than two months. the japanese auto giant says nearly three million vehicles, including certain prius models, are affected. toyota says the problems lie with their steering mechanisms and hybrid water pump systems. in october, toyota recalled $7.5 million vehicles worldwide because of faulty power window switches. today's announcement came before the market closed and shares ended down .8 of a percent. >>> in south korea, shares of net korea power are up. we have more from seoul on what supercharged these earnings. >> the number one reason is higher demand for electricity during the hot summer season here in korea. and the second one is electricity price hikes of 4.9% back in august. its net profit came in at $862 million, much better than market expectations, but do note that kepco tends to perform best in third quarters, given hot summer weather here in korea when air conditioners really suck up power. but looking ahead,
CNBC
Nov 14, 2012 6:00am EST
've also got some facebook news this morning. toyota recalling nearly three million vehicles worldwide, that includes the prius. this is due to problems with the steering system. the announcement comes a month after toyota recalled more than seven million vehicles for faulty power window switches that are a potential fire hazard. mr. kernen, good morning. >> andrew, 20 seems to be what facebook is worth, kind of? >> well, it hasn't moved. >> but it kind of found its -- 38, i don't know. but things are worth something, even after you get the people that are really excited and the people that are not excited and it finally finds a place. but 20 seems to kind of be -- maybe it is worth 20, which is not -- for a brand-new company to be worth $43 billion is really not that bad, is it? >> if you were to add yourself to facebook to get an account, it would be worth 21. >> if you don't short it when i finally get on facebook -- you know what i did yesterday? >> i don't know. >> i joined myspace. >> you did? >> no. >> oh. [ laughter ] >> that's how long it will take. other stocks to watch today
CSPAN
Nov 15, 2012 5:00pm EST
so that he can get it and use it or provide toyota someone else who can use it to force people do what they want. so what happens when f.b.i. director who comes into office honorably with the best of intentions as it appears j. edgar hoover did, to battle organized crime that was such a blot on this country. when you're in power too long, as stalin, who should have known, said, with power, dizziness. so there has to be accountability. it's what the founders had in mind. checks and balances. we've seen with the supreme court's decision in obama care that they're going to allow unconstitutional laws to go forward. they're not going to be the ones to rein in violations of the constitution that are contained in bad legislation. you guys in congress need to figure that out. so our chief justice punted on that one. so it's back to us. members of congress have the purse strings and if the administration will not properly appoint a special prosecutor to investigate, not with the intent of putting someone in jail but to see if there is something that needs to be prosecuted if they're not w
CNBC
Nov 13, 2012 6:00am EST
. >> my wife might. i won't. >> your girlfriend. >> it's like a toyota, trying to turn yourself into a porsche? you agree with that? >> not true. we're not abandoning our core customer. i was in the makeup room and also had my buttons. >> you have a rise above button? that's most important. >> andrea loves jcpenney, i got in the makeup chair and she said jcpenney i love jcpenney and she's a core customer. i don't think i'm making myself clear. hold on, you interrupt a lot. now it's my turn to speak. we're going from 7 million square feet to 64 million square feet. that's going to make us bigger than every shopping mall rete in the world slightly smaller than simon in terms of specialty store square footage. i think the $250 number will be low in time. it's hard when you have my drawing here. >> you say 250? >> $250 per square foot. when you go to 70 which is where we're going to be pretty quickly all of a sudden it looks like the business plan. >> here is the question, though, how much -- you're a major shareholder. how much time will other shareholders give you? the question is
Search Results 0 to 5 of about 6 (some duplicates have been removed)